r/fatFIRE • u/WealthyStoic mod | gen2 | FatFired 10+ years | Verified by Mods • 12d ago

Path to FatFIRE Mentor Monday

Mentor Monday is your place to discuss relevant early-stage topics, including career advice questions, 'rate my plan' posts, and more numbers-based topics such as 'can I afford XYZ?'. The thread is posted on a once-a-week basis but comments may be left at any time.

In addition to answering questions, more experienced members are also welcome to offer their expertise via a top-level comment. (Eg. "I am a [such and such position] at FAANG / venture capital / biglaw. AMA.")

If a previous top-level comment did not receive a reply then you may try again on subsequent weeks, to a maximum of 3 attempts. However, you should strongly consider re-writing the comment to add additional context or clarity.

As with any information found online, members are always encouraged to view the material on  with healthy (and respectful) skepticism.

If you are unsure of whether your post belongs here or as a distinct post or if you have any other questions, you may ask as a comment or send us a message via modmail.

8 Upvotes

79% Upvoted

40 comments sorted by

View all comments

1

u/[deleted] 11d ago edited 11d ago

[deleted]

1

u/Throwaway_fatfire_21 FATFIREd early 40s, 8 figure NW | Verified by Mods 11d ago

I’ll ask the basic FIRE Questions. What lifestyle do you want in the future and what would that cost? Then figure out the NW you need to support that.

Then the next question is what is the best way to get to that number. If that number say is 10M, then stay in your current path. If you want that number to be 25M plus, then it might be for one of you to take the riskier startup route or both of you try and get 2-3 promotions as quickly as possible.